The global medical waste management market was valued at over 10 Bn in 2018 and is expected to expand at the CAGR of above +6% during the forecast period of 2018 to 2025. Increase in incidence and prevalence of infectious and life style diseases, rapidly growing population, rise in healthcare expenditure, and adoption of novel technologies to treat the diseases are the major factors responsible for rise in the generation of medical waste.

According to World health Organization (WHO), non-hazardous and hazardous waste contributes 85% and 15% of the total medical waste generated respectively, among these, the non-hazardous waste is not properly separated owing to low awareness in low income countries making the real quantity of hazardous waste much higher.

The report is characterized into numerous parts dealing with diverse aspects of the Medical Waste Management s market. This research report inspects the present situation and development prognosis of the Medical Waste Management s market around the globe during the forecasting horizon. To determine the market size, the report analyzes revenue produced in the Medical Waste Management s market worldwide alongside demonstrating the segmentation of the prime producers.

Based on type, Medical Waste Management accounted for the largest market share in the previous years, and are also expected to continue dominating the market over the forecast period as well. This growth can be contributed to the signal clarity in comparison with better phase noise performance. Among applications, Medical Waste Management is expected to hold the majority of the market share as well as grow at the highest CAGR during the forecast period. This growth is mostly due to the augmented usage of telecommunication networks and constant evolution of technology in this sector. Moreover, the emerging 5G technology is expected to further push the market towards growth.

Among regions, the North American market is expected to be the dominant market over the forecast period, owing to the presence of a substantial number of vendors in the U.S., and increasing investments for upgrading telecommunications and military and research equipment. However, the market in RoW, consisting of regions like the Middle East & Africa and South America, is expected to grow at the highest CAGR in the coming years. This growth can be majorly attributed to the rapidly evolving and expanding telecommunications sector in this region

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